The Fed bond purchasing has little restrictions on executive compensation, buybacks, layoffs, offshoring, or paying out private equity. All factors in inequality. Again, the Fed is not an innocent party here.
— Nomi Prins (@nomiprins) June 17, 2020
— G Stockus (@beatlesonbankin) June 17, 2020
April 9 was the day the Fed said they would buy fallen angels. Since that day, all the gains have been overnight (orange), nothing during the day session (blue).
— Jim Bianco (@biancoresearch) June 17, 2020
— Alastair Williamson (@StockBoardAsset) June 16, 2020
Re-levering a broken economy.
A tale of stagnating economic growth and financial engineering.
A thread (and an article). t.co/FYw5i579a0
— Eric Basmajian (@EPBResearch) June 16, 2020
— Daniel Haddad (@DanielNHaddad) June 16, 2020